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was it could? to like this? that is our show tonight. [applause] >> and now john stossel. john: food can kill. people will eat the wrong stuff may get sick. it's while most everyone says we need government to set some limits. make sure there is not bacteria in your food or dangerous chemicals. to make sure food companies tell you what is in their food and how fattening it is. state legislator felix ortiz has done that in new york city. he got trans fat man, calorie counts posted at mcdonald's and other fast-food places. now he wants aban on adding too much salt. so you think he saved lives? >> absolutely. john: okay. a farmer. he grows vegetables dollar raises cows, chckens, an pigs. i assume you want the people who buy your beef and pork to be safe. so don't we owe him a vote of thanks for saving this? >> no. i would say you're killing me out here. trying to get my stuff to market. this plethora of government regulations, you know, is killing our farm and our ability to come to market. john: you are just a greedy businessman and don't care if people died. let's go through some
the top echelon. john: of "forbes" 400 list? >> exactly. we throw it against the wall to see if it sticks. john: you do something else? >> we give awards to social entrepreneurs. we focus on organizations working outside of government because we feel societe has more flexibility ban government contractors. charities used to be independent but now are contractors to the government. that is all you need the social impact bond to hold them accountable. john: i would rather use the money than government but government is captured. >> ben taxpayers want to know they get something for it to. cently these agencies have a good cause. that is different of kids not ing back to jail. john: mark zuckerberg maybe feeling guilty gave $100 million to the new work public-school system. i see that it throws a down the drain giving it to the union's who ruined it in the first place. >> don't fund the problem. find the solution. that means if you see something terrible of the world, poverty you have to say our not just give money to anti-poverty but give money to organization and has a way to tackle the iss
that crum bem our economy instead . i am tracey in for cheryl casone. welcome to carbin'. wayne john and john and julian and carroll. welcome everyone. so, oregon's democraticic congressman asking for a mileage tax to rebuild our roses and bridges. john is thi good or bad what s going on here? >> this is a ridiculous. it is the wrong time to implement it. electric cars are decades away . having a mileage tax is cadesway . putting odom heretos and logging down to the mileage manually. this would cost a fortune for the tax. we have a gas tax that is do go through road and bridges. >> and talking about a vehicle miles traveled tax. someone like me wayne, so much. i understand why people would want to clarge me more. >> i understand it, too. but john is right we have a fuel tax. and and it is it another way to track pime and look for trouble . you got auelax and fuel x is a huge tax . they are using the argument to get better mileage now. maybe you don't need to do so much. it is based on mileage. >> wayne makes a good point about the pvacy issue. transponder tracking my mile it is big b
new year, america. i'm sue herrera. we will start with john har wood at the white house in a few minutes. but amman starts us out. >> it seems they are really hashing out details of what to do about the sequester, those are the massive spending cuts. how long you delay those down and otherwise pay for them seems to be the crux of the negotiation going on behind closed doors right now but it is very difficult to find out exactly where these negotiations stand because all sides are being very, very mum. we can tell you that democrats appear to be getting a little bit concerned about where this is headed. take a listen to senator tom harkin who took to the senate floor earlier today. >> the deal must be one that really does favor the middle class, the real middle class, those making 30, 50, 60, $70,000 a year. that's the real middle class in america. and as i see this thing developing, quite frankly, as i've said before, no deal is better than a bad deal and this looks like a very bad deal the way this is shaping up. >> 10 he knows more about the way this is shaping up than we do of
it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can anyone beat sko brown? >>> good day. we're live in washington this afternoon. the lines of communication between the president, leaders of congress are open. whether those lines are used repeatedly over the next few days to reach a fiscal cliff deal is anybody's guess. joining me now for our daily fix, nbc's kelly
far right and worried about somebody farther right running against them in primaries that john boehner is having a hard time getting them to agree to his packages like plan b last week. we don't know out here on the public how much has changed since last week, but president obama was saying something he was planning to say. >> joy, is this the same thing? >> one thing you notice the president didn't doll is off any new plan. he's laying this debacle squarely at the feet of the congress. the president helped himself by previously making some offer that even his base was uncomfortable with because it's now clear to everyone watching he's been responsive. i think he's expressing the frustration of the american people. >> clarence, the game seems to be moving to rich mcconnell and harry reid. i think we have some sound bites from mitch mcconnell and harry reid on the senate floor. let ee cease if we can one that now. >> we had a good meeting down at the white house. we're engaged in discussions, the majority leader, the white house, and myself in the hopes that we can come forward as early
the tough rhetoric when we come back. >>> and yet another big story brewing for tomorrow. john boehner, he could be facing a real challenge for his job speaker of the house. ace acosta is all over this story. "the kudlow report" begins right now. >>> back to the rally on the streets today. that is the total sizzle story. check out these numbers. in case you missed it, dow added 308 points. nasdaq up 93. s&p 500 surging 36. cnbc's kelly evans joins us with all the details. good evening, kelly. >> larry, good evening, from down here at the stock exchange where you practically would expect streamers and champagne. the kind of day we had to put in in context, the likes of bill gross saying he sees stocks up 5% for the year, we did 60% of that in the first trading day. a lot of people are pointing to this that there could be many better things to come than just 5% in stocks. we saw the best start to the year, at least in percentage terms for the major indexes since 2009. the russell 2,000, by the way, doesn't usually get the headlines but it hit a record high. the global dow is at a 52-week hig
industry. >> this was not viewed by several hundred thousand. >> my talk is 10 million. john: you do a presentation that people were miserablyeo pour battle the recently have things changed here is a life span. this is wealth. for most of history people were down here. that many people are still stuck here. >> 1800 everybody was down eight years. then they started here is the you representation and some countries are getting wealthy like the united states of america. the united states decided to catch up now austria and new zealand now they are on top pushing forward but the rest of the world that is dominated but from the '60s you have small families and then the economy is good. they are catching up. then 2010 they borrow money to the richest. john: this raises to amazing results. thousands of years of human history. and everybody was stock in the lower left over thousands of years. this is just hundreds of years why are some countries still stock? >> this is the condo with the best messagest moste african countries have fast economic growth. their ideas of 20 years ago they have
. and by the corporation for public broadcasting. major support for frontliis provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant and peaceful world. more information is available at macfound.org. additional funding is provided by the park foundation, dedicated to heightening public awareness of critical issues. and by the frontline journalism fund, supporting investigative reporting and enterprise journalism. additional funding for this program was provided by the arthur vining davis foundations. >> ( choir singing ) >> "the angel gabriel was sent from god to a city of galilee named..." >> narrator: every sunday, in every corner of the world... >> "...the virgin, betrothed to a man whose name..." >> narrator: ...people gather to hear a story. >> "...and the virgin's name was mary." >> narrator: for more than 2,000 years, that story has been told and retold. >> "...and to bear a son." >> narrator: along the way, each generation has found in its telling its own meaning and interpretation. >> "'...you shall call his name jesus...'" >> narrator: that stor
of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like norway. >> and holland. >> and what is happening the wind sector took off in norway and in denmark. at the same time gerald ford and carter were pushing shell gas development. >> and that was viable. >> and that is 50 percent of what is going on in wind energy and equals the price . you net out 15 percent of the oil. are we making these companies economically profitable or if not. they should be killed off and otherwise we are padding the profits. morgan, you still like solar and what about wind. >> the price of that is coming down. wind energy let is it lapse and slash and born corn sib sidies. going back to wind. it is 8,000 percent higher than the cost of natural gas for the same amount of electrical lout put. >> i agree with her on this. >> what is more interesting is what liz said. carter and ford got behind shell oil when it was not economically feasible. it is hugely economical he fiscal. why not for wind. >> no one has the iron lung of government subsidies. >> i love that phrase. >>
that john boehner is having a hard time to get them to agree to his packages like plan b out here. we don't know how much out here in the public things have changed since last week, but it seemed like president obama was saying something that he was planning to say if it came down to the last few days. >> joy, is this the same kind of negotiation we saw in the first term? >> well, richard, one of the things that you didn't see the president do is to offer a new plan and he is laying the debacle at the feet squarely on congress and for the all to see where the dysfunction lies and the president helped himself by making offers that even his base was uncomfortable with, because it is fair to everyone that he is reasonable and trying to make the offers and that the intransigence is on the other side and he is expressing proper proper properlyly the frustration of the american people. >> and now it moves to mitch mcconnell from harry reid. and we have sound from mitch mcconnell on the house floor and harry reid. >> we had a good discussion with the majority leader with the hopes to come forwar
within 48 hours. >> speaker john boehner voted for the deal, breaking the republican leaders eric cantor of virginia and kevin mccarthy of california who voted against. paul ryan joined speaker boehner, voting for the bill. after the vote, president obama tried to set the terms for the fiscal fights ahead in a rare late-night appearance with joe biden by his side in the briefing room. >> the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together, with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> but republicans are already looking ahead to another budget showdown in late february. that's when the temporary delay on domestic and military spending cuts expires and when congress must raise the $16.4 trillion debt ceiling limit to avoid default. >> save your powder for the debt ceiling fight. we have leverage at the debt ceiling to make this president face up to the fact that we're spending our way into oblivion. >> last night, the president warned republicans not to use t
agreement with john o'connell. we recently signed an mou stating that the carpenter's union will hire students graduating from the john o'connell program. i am also a graduate of john o'connell and it's been a great career for me. i think it's a great thing for the relationship we have formed with the school district. we met with october and signed the agreement in which five graduating students from john o'connell will come into direct entry into the carpenter's program and two of them will be females, which is great. and we're very excited about going forward with this. paula will be getting together with the john o'connell school and providing the curriculum in which the students graduating have direct entry into the carpenter's join. i also want to say that we'll be having a college and career awareness day next thursday, december 19th. so that is the late update with the carpenters thank you. >> where will that take place? >> ida b. wells high school next thursday. >> thank you so much. >> thank you so much, have a great day. >> and if there are any other members of public
john boehner has had permanent damage done to him by the failure to pass plan b, the way he was ultimately kind of on the sidelines of the negotiations. winners, two, joe biden and mitch mcconnell, proving as they did with the debt ceiling and in 2010 with the bush tax cuts, they know how to get things done. >> luke, let's talk first about the breakdown of the vote. in the house vote last night, only 85 republicans voted for this deal. the speaker, as you pointed out last night, showed some guts in actually voting for it. >> speakers ordinarily don't necessarily vote. sometimes they vote on big bills, but especially with this big vote where he knew cantor and mccarthy were going to vote against it. he made a decision he should be on the yes side of this, for whatever reason, for conversations i've had, look, he wanted to be out in front to tell his republican colleagues this is the best deal they could get in this situation and wanted to put the tax issue to bed finally and felt his support was much needed to be shown, especially after what mitch mcconnell did in the senate
, legendary actor john wayne. >> all right. here is question number one. movie fans all over the world idolize john wayne for no nonsense attitude ♪ >> get out of the way kerry. >> i haven't got a gun on me. >> no? then we will do it the hard way. ♪ ♪ many don't know that john wayne is a stage name. what is the hollywood's meend's less macho bitter name -- birth name? answer is a, correct, marianne. >> marianne -- marion the librarian. >>as duke imposing character usually on the winning end of the fights. >> i have been looking forward to this forwa a long time. >> don't let me disappoint you >> all right. i think he won that fight. it lasted three and a half hours. did john wayne get his famous nickname the duke? he loved dick duke university basketball. dog's name. c he often put up his dukes in the movie. three he is ocialgly from duke, iowa. how did he get higg his nickname the duke? >> yes it was his dog's name. you two are really up on this. >> he was born in winter set, iowa. fascinating. >> showoff. >> i'm from iowa. i would know that. >> you would know that. >> john wayne starre
'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. p
that house speaker john boehner put two options on the table. amend the senate bill with a package of spending cuts, or bring up the senate-passed measure for a so-called up or down vote in the house. i'm going to ask dana to explain to us what an up or down vote means. today, the number two republican in the house, majority leader eric cantor flatly told reporters i do not support this bill. >> -- looking for the best path forward. >> here's part of the problem for at least some lawmakers. the congressional budget office, a nonpartisan group, said today the senate-backed legislation will add nearly $4 trillion to federal deficits over a decade, but keep in mind that is relative to where deficits would have been if congress had let all the bush tax cuts expire, which was an option that virtually no one wanted. so is there life left in the senate's proposal or have we fallen off the cliff for good or at least for a few days? joining me now is our senior congressional correspondent, dana bash. dana, i just got a tweet from someone that says can't dana bash kick these idiots in the bu
and house speaker john boehner have been kept in the loop throughout. important because once the senate deals with this, it would go to the house. now, what we do expect in talking to a number of democrats tonight, some have put on coats and scarves and were going to lay down for a little while, waiting for the word to come back. others still think a vote can happen tonight. but tonight might not be defined by the final hour of 2012, but instead whatever time in the wee hours that document can get ready and get to the senate floor. so many people who work in the capitol who are not directly involved, from those who operate the trains that get from building to building to staffers on the senate floor to keep things moving to security, so many people working waiting for this to be resolved. political arguments and disappointments within the democratic side as we expect there to be among republicans as well. no deal gets everything people want. there are come radio mizes for people. and this is a smaller deal than many hoped there would be. it gives a short-term period before they have to
, new intelligence report that concludes america's time as the lone superpower is nearing an end. john negroponte joins us to discuss our nation's future as a superpower and the challenges we surely face. and president obama ignoring immigration reform in the first term only a matter of time before he makes new proposals should republican party takes the lead on the issue. when will it be enough to lure latino voters in that is their purpose. egypt is worsening. clinical crisis shows no signs of easing as the new muslim brotherhood leadership tries to silence opposition. so far the obama administration is trying to play both sides respecting the countries efforts at democracy at least in the opinion of the administration, meanwhile predicting individual freedoms. but how it will all play out is uncertain. loyal to the regime are using scud missiles. the move representing a sharp escalation in the two-year-old conflict at which more than 40,000 people have been kled. he could use chemical weapons against his own people. still, world powers remain deadlocked on how to resolve this crisis
think it will come to that? >> at this point, no, they don't, john, because the white house is hopeful that the agreement that the senators are working on can actually move forward after the meeting here. there is a modest uptick in enthusiasm about that possibility. but as forts backup plan, there's no real likelihood that would ever come to a vote because republicans would likely block it in both the senate and might -- it would likely not come to a vote in the house. so that's really more rhetoric than it is reality and we have to hope for option a, getting an agreement in the senate if we're going to avoid going over the cliff. >> rhetoric versus reality. that's always a tricky place to be in washington. listen, this is some serious high stakes political poker here. what can you tell us about the meeting at the white house today? >> well, we've heard different takes where you hear everybody has a different perspective on what happened depending on which party they're in. the big takeaway is everybody left grieving on the next step, which is that the senate will confer, the two lead
you don't want to be is john boehner. he's under fire from both democrats and republicans for not helping victims of sandy. >>> plus secretary of state hillary clinton is expected to make a full recovery after suffering a blood clot near her brain. so much for her critics on the far right who suggested she was faking being sick to avoid testifying about benghazi. >>> and let me finish with the reason it's hard to avoid a fiscal cliff. we begin with whether anyone really won in the fiscal cliff standoff. howard fineman is the director for the "huffington post" media group, steven walsh with the wall street journal. let's look at who came out the winner on this fight. on the right there's some significant disagreement. here's what bill kristol wrote just before the house vote. quote, politically republicans are escaping with a better outcome than they might have expected. and president obama has gotten relatively little at his moment of greatest strength. then there's conservative commentator charles krauthammer. >> in the house who hate the bill and for good reason. i mean,
it on such a quick basis, i think. so maybe that's a prudent thing to do. thanks, john. >> see you later. >> well, we're about to close the books on 2012. it's been a good year, better than i think most would have expected given all the turbulence this year economically and politically. the dow's finishing up about 150 points right now capping off a year with the dow up about 6%. that's the first hour of the "closing bell." let's go into 2013 with the second hour right now. >>> it's 4:00 p.m. on wall street. welcome back to the "closing bell." some very important headlines coming out of washington as we speak. you just heard, by the way, the very last closing bell of 2012. coming up in the next hour, we're going to break it down for you. help you use that knowledge to navigate well in 2013. >>> here are the near-final figure y figures. one trader said to me we were lower friday because nobody wanted to go into the weekend long the market. now nobody wants to go short the market tonight in case they're able to get this deal done and vote on it in the next couple days. the dow at 13,106.98 to close out
language to come from the future president. we also read another addition is a first about john paul jones, the first american naval hero. he was also an american pirate to the british. during the account you read what is msn fashion report. paula jones, who stressed in a short jacket among trousers swung about toronto's medal in a in his hand. john paul jones, his mortal words i have not begun to fight and said he likely didn't say that what he probably said is more closely printed in the newspapers of the day. in this case, and even the advertiser that caused him a saint i may think, but i'll be if i stood. saratoga, the turning point of more. i was struck at the pennsylvania ledger early 1778 that printed the objections raised to the terms of surrender. so early 1778, the pennsylvania ledger is in philadelphia. this happens to be under headline you don't see here for mobile papers. but here we have congress, continental congress asking for some of the surrendered items are. so how come the number of muskets as leslie mann of the prisoners and all the muskets are unfit for service? how c
this morning, a bill to avert the fiscal cliff awaits president obama's john hancock. around 11:00 p.m. eastern last night, the republican-led house gave final approval to a deal that will raise taxes on the wealthiest americans, and postponing the automatic spending cuts for two months. the package, which would be signed by the president as early as today preserves the bush era tax cuts for individuals who earn less than $400,000 a year and households earning less than $450,000. it extends unemployment benefits for a year and does not do a bunch of other stuff. it passed by a comfortable margin but only because a majority of yes votes came from democrats. 172 democrats voted in favor. 16 opposed. 151 republicans voted against the bill. only 85 voted in favor. in recent years, republican speakers of the house refused to bring bills to the floor unless they got a majority support from republicans. speaker john boehner of ohio violated that longstanding rule last night and in the process he became the only member of the leadership of his party who voted in favor of the bill. eric cantor and kevin
year. >> good morning, welcome to "early start" everyone. i'm john berman. >> i'm ali velshi. >> and i'm christine romans. zoraida is off today. it is 6:00 a.m. right now on the nose. well 20 seconds away. >> and breaking news. can you feel it? we're actually over the fiscal cliff. so, now it's up to the republican-controlled house to pull us back. here's what happened while you were sleeping, or sleeping or dg else. a deal crafted by vice president joe biden and minority leader mitch mcconnell passed the senate by a margin of 89-8. that vote wrapped up after 2:00 a.m. eastern time. the house takes up this plan later on this morning. no telling on how that will turn out if the house approves, the deal will estimate a generated $600 billion over the next ten years this is how senate leaders of both sides of the aisle are assessing the measure. >> i have said all along, the most important priority is protecting middle class families. >> this suhouldn't be the model for how we do things. but we can say we've done some good for the country. >> bush era tax cuts will remain in place for ind
. that is the problem. >> laura: you can respond to stephen. true that john boehner didn't help with the plan bfiasco. stephen is right, isn't he not about harry reid, the idea that he is leading is farcicle. >> they did pass legislation to ensure that taxes wouldn't go up on anybody making $250,000. the senate actually passed legislation. >> laura: there were no spending cuts in that, though. >> the budget control act had $1.5 trillion in spending cuts already approved. so say that the senate hasn't approved spending cuts in the last congress is not true. the problem is this and i feel bad for john boehner if you were obama you don't know who to negotiate with. even with john boehner were to come to obama with a deal, john boehner is being held host and by members of his own caucus who won't let him do that. boehner can work with democrats to get it passnd and throw some of his support with the democrats to get it passed but the problem for john boehner is he has an election coming up for his own leadership position on january 3 and he is afraid to do that. >> laura: again, and i understand why juli
is cnbc's john harwood. thanks for being here. >> hey, ari. >> remind us where we were before plan b, how far apart were the last comprehensive offers between the president and negotiators? >> a few hundred billion dollars, which is a lot of money, sounds like a lot of money, but in the context of a ten-year budget deal when you have some very large programs that can be tweaked one way or another, is not that much. they were within shouting distance if the speaker could bring his caucus along to support the deal that he was promoting and getting close to striking with the president, but it's clear from the failure of plan b he could not bring them along for that deal, and the real question now, ari, is whether or not the speaker is going to be willing to take to the house floor something that could pass with a preponderance of democratic votes and significant chunk of republicans. i think in the end whatever is done, whether it happens before january 1st or after january 1st, that will be required to get it done, but we're not there yet. >> when you say get it done, you mean short of the
that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and firearms. >> dysfunctional, dysfunctional, dysfunctional congress. >> we're not going to allow what has happened in the past to go on. >> congress has just three business days to pass legislation to avoid going over the fiscal curb. president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republ
the last time i saw john boehner even crack a grin. [♪ theme music ♪] >> jennifer: 24 hours after congress finally did something, the right-wing is up in arms! the reports headline was republican horror new year. scary stuff. and it only got spookier from there as republicans turned on their own. >> republicans caved last night. >> they waited 20 years before giving themselves away. >> i would be. >> seriously, could the republican party have mismanaged this any worse. >> i think the president did a great job of getting the speaker to undo everything that he promised he would do. >> after midnight and all of that partying and rivalry that goes on at new year's eve, what i can tell you is they did half a bill. >> jennifer: not just the folks on the right who are whining and complaining, there are some on the left who are almost giving the tea party for dogmattic money. paul krugman wrote . . . >> jennifer: okay. i love paul krugman but on this one i have to strongly disagree. let's take a look at what progressives actually got. first democrats got tax increases for the we
was negotiating directly with house speaker john boehner. they wanted for years of increases in debt ceiling a party, something republicans were not willing to budge on. without an increase in the debt ceiling, it allows republicans to engage the white house and democrats in yet another fight to cut spending in exchange for raising the debt ceiling, so that's the next fight that the next congress will pick up once it gavels in at noon on the third. diane: we are watching charlie rangel speak as the house members go around and debate the fiscal cliff steal from the senate. i also wanted to talk about , thursday at noon, a new congress in session. the steel expires. what happens at that point? if we don't get a vote now it's kind of a done deal. they start from square one? rich: basically. in fact, if this does not pass this evening, if we don't have enough votes to get this through in your basically at square one. you have to figure out exactly how you're going to deal with tax rates that have gone back to clinton narrates a broadbased tax increases on nearly every one u.s. bank of . that's w
, chris christie goes ballistic on the hated congress and john boehner will show the outburst to you and police say two new yorkers have been arrested with the means and the know how for a terrorist attack. let's go "outfront." good evening, everyone. "outfront" tonight, america, or homer simpson. like homer, we blythely skated to the precipice of the fiscal cliff with a deal that made almost everyone happy. low tax rate, extended benefits. sure sounds heavenly. but look what happens next. >> are we going make it? this is the greatest thrill of my life. i -- >> yeah, that's how it ends. that feeling of weightless euphoria, believes there was no way he would ever crash, there would be a last minute save. that was america today. the dow surged 380 points. congress patted itself on the back. why wouldn't they? that was a big reward. the problem is, the truth. congress sent america to the bottom because like homer, we're lying battered and bruised at the bottom. why? instead of cutting spending and raising revenue, which was the point, congress did the exact opposite. boosting spending a
, republican house speaker john boehner put out this stirring call to action. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but as americans. we want you to lead. not as a liberal or conservative but as president of the united states of america. >> mr. president, we are ready to be led. just show us the plan. that was encouraging. that seemed like we were going to have a deal, no problem. obama won the election. he'll hand them a plan. he'll make some small changes. that's how congress works, of course. pass it and we'll be done. we'll go home for christmas. not so much. president obama did hand them a plan as treasury secretary tim geithner made a special trip all the way to john boehner's office on capitol hill. he delivered the plan to speaker boehner, a plan pretty much identical to the one president obama just won the election on. you might have thought that would have been leading, the problem would have been solved. not so much. >> flabbergasted. i looked at him, you can't be serious. i've just never seen anything like it. >> so when you
with the monsanto company from 77 to 79 and legislative assistant to senator john danforth from 1979 to 1981. from 1981 to 1982 he served as assistant secretary for civil rights in the u.s. department of education and chairman of the u.s. equal opportunity commission from 1982 to 1990. he became a judge of the u.s. court of appeals and in the district of columbia circuit in 1990. president bush nominated him as associate justice of the supreme court and he took his seat on october 23, 1991. ladies and gentlemen please welcome justice thomas and professor amar to the stage. [applause] [applause] >> the thank you ladies and gentlemen for that extraordinarily gracious ,-com,-com ma warm welcome. thank you to the national archives and to the staff for making this event possible and thanks also, special thanks to the federalist society and the constitution accountability center and thank you justice thomas for being with us today as we marked the 225th earth day, 225th anniversary of our constitution. i guess i would like to start our conversation with the words of the constitution, we the people, and
, many people are similarly upset. john boehner, this is a tough spot for john boehner. the house and a lot of people have said that his speakership could be threatened by this. so far, we see no sign of that. but, you know, he's in a position now where he is going to have to allow this -- probably going to have to allow this bill to hit the floor and the house and not going to get a majority of republican support. that is something that no speaker of the house of representatives, whether republican or democrat, does with any kind of frequency at all. it's considered almost a heresy. so, you know, everybody sort of recognizes the box that john boehner is in, but it's not going to really do him any good in terms of support among conservatives. there are some winners and losers here. but this fight is not over, maura. that's the bottom line. >> you mentioned vice president biden swooping in at the last minute like superman and being able to secure this deal and that's certainly the perception a lot of people had. we heard mitch mcconnell speaking on the floor and he said this should
't know how it can happen now, why. >> the senate majority leader last out at john boehner, accusing him of running a dictatorship. >> he seemed to care more about keeping his speakership than keeping the nation on sound financial footing. >> republican leaders blamed the democrats and say there are limits to a compromise. >> republicans should not have to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama flew home early from his vacation yesterday. speaker braoehner call the house back into town. but they understand their actions may not be enough to appease the american people. >> the american people have a right to be very upset with this congress. >> the treasury department would have trouble paying its bills. many economists worry the financial troubles would plunge the u.s. back into recession. just one possible effect of the fiscal cliff milk prices goodbye to about $2 or $3 a gallon because farm programs will expire at the end of the year. >> tri
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